Fitch Assigns Expected Ratings To Angel Oak Non-QM Offering
The certificates are supported by 747 loans with a balance of $394.59 million; of the loans, 66.4% are designated as Non-QM.
The certificates are supported by 747 loans with a balance of $394.59 million; of the loans, 66.4% are designated as Non-QM.
With a balance of $346.1 million, the New Residential Mortgage Loan Trust notes are secured mainly by Non-QM loans.
The residential mortgage-backed certificates are supported by 525 nonprime residential mortgages, with a total balance of approximately $331 million.
Certificates Package Totals $478.34M, Includes No Non-QM Loans
Certificates Supported With A Balance of $317M; Nearly 80& In Non-QM Loans